STASIS EURO Price(EURS)

STASIS EURO (EURS) is a stablecoin designed to digitally mirror the Euro, providing a bridge between traditional finance and decentralized finance. It is issued by STASIS, a Malta-based fintech company also known as STSS Limited, which launched EURS on Ethereum in 2018. The primary purpose of EURS is to combine the stability of the Euro with the efficiency, transparency, and immutability of blockchain technology. It aims to offer a secure method for storing and transferring value, similar to the Euro's function as a stable currency. EURS is fully collateralized, meaning each EURS token is backed 1:1 by an equivalent amount of Euros held in reserve. STASIS emphasizes transparency by providing daily statements from account providers, weekly verifications, and quarterly audits by major accounting firms to demonstrate its reserves. Initially an ERC-20 token on the Ethereum blockchain, EURS has expanded its availability across multiple blockchain networks. It currently operates on Ethereum, Polygon, Algorand, XRPL, and XDC, and is also supported on bridges like Arbitrum and Gnosis Chain. A notable feature of EURS is its implementation of delegated payments on Ethereum, which allows users to pay transaction fees using EURS itself or other supported digital assets. The project focuses on regulatory compliance, including adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures, and has collaborated with the Government of Malta on cryptocurrency regulatory frameworks. STASIS EURO is intended for both institutional and retail clients, seeking to cater to the growing demand for Euro-denominated digital assets within the Web3 space. Learn more

Looking to buy How to buy EURS? The process is simple and hassle-free! You can easily purchase EURS on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

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